Pre-Paid Legal Nominates Board Member

ADA, Okla., March 8 /PRNewswire-FirstCall/ -- Pre-Paid Legal Services, Inc. (NYSE: PPD) , today announced that Duke R. Ligon has been nominated for election to our Board of Directors and as a member of the Board's Nominating and Compensation Committees. Ligon's election is subject to the approval by our shareholders on May 16, 2007 at our annual shareholders' meeting, but such approval is expected.

Ligon, 65, recently retired as senior vice president and general counsel for Devon Energy Corporation, brings more than 35 years of legal expertise in corporate securities, litigation, governmental affairs and mergers and acquisitions and is currently serving as executive director of the Love's Entrepreneurial Center at Oklahoma City University as well as strategic advisor to the Oklahoma based Love's Travel Stores. Prior to joining Devon in 1997, he practiced law for 12 years and last served as a partner at the law firm of Mayer, Brown & Platt in New York City. In addition, he was senior vice president and managing director for investment banking at Bankers Trust Co. in New York City for 10 years. Ligon received an undergraduate degree in chemistry from Westminster College and a law degree from the University of Texas School of Law.

 

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